Helios Fairfax Partners Corp. reported a net loss of $58.8 million due to unrealized losses

From GlobeNewswire: 2025-03-28 23:38:00

Helios Fairfax Partners Corporation reported financial results for 2024, deploying $55 million across high-growth sectors and divesting a key Legacy Non-Core asset for $16.3 million. The company achieved an IRR of 14% in the past four years. In the fourth quarter of 2024, book value per share was $3.84, with a net loss of $41.6 million due to unrealized losses from the investment in TopCo LP. The company reported a net loss of $58.8 million for the year ended December 31, 2024, driven primarily by unrealized losses on the investment in TopCo. The company’s detailed fourth quarter report is available on their website.



Read more at GlobeNewswire: Financial Results for the Fourth Quarter of 2024